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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Daily Archives: February 3, 2020
Central banks have no vaccine against financial contagion
Globally, central banks undertook monetary easing efforts in 2019 by the most since the 2008 financial crisis as shown in the chart below courtesy of the IMF. This enabled unsustainable deficits, debts, businesses and financial Ponzis to continue a while … Continue reading
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